• laxe@lemmy.ml
    link
    fedilink
    English
    arrow-up
    13
    ·
    1 year ago

    If the discussions have been going on for that long, why this exact moment in time, and why such a short deadline?

    Why any moment in time? We did it when we did it. We could do it a year from now and we’d probably have the same conversation. We could do it five years ago, we’d be having the same conversation.

    I guess what I still don’t quite understand is, if this has been thought about for a long time, is the goal just to meet this deadline and move on? Like just turn a new leaf from there?

    We don’t have to meet our deadline. We told folks hey, we need to come up with a plan, or we’re going to start billing you on July 1st.

    Complete mess of a CEO. I’m so glad that I’m not using Reddit anymore.

    • doc@kbin.social
      link
      fedilink
      arrow-up
      6
      ·
      1 year ago

      Those answers were disappointingly evasive. The questions were clear and he chose non-answers. Yuck.

  • nieceandtows@lemmy.world
    link
    fedilink
    English
    arrow-up
    12
    ·
    1 year ago

    Dude absolutely hates third party apps. Calls them his direct competitors and demeans them. Even says he ‘made a mistake’ allowing 3rd party apps. All the while forgetting that there was no official Reddit app for over 10 years of the company existing. Why didn’t he ban 3rd party apps then? Fucking ungrateful.

  • [REDACTED]@lemmy.ml
    link
    fedilink
    English
    arrow-up
    11
    ·
    1 year ago

    That’s unfortunate. I understand your trying to IPO and his goal is to get his golden parachute afterwards. But you’d think the board and him would want to foster some goodwill with the community the depend on.

    • LostCause@lemmy.ml
      link
      fedilink
      English
      arrow-up
      2
      ·
      edit-2
      1 year ago

      They‘re fine if anyone with some critical thought leaves and the only ones left behind are the master bootlickers who would eat a plate of shit as long as it got served by Reddit.

      Could even be seen as an improvement to them considering that includes communities like r/piracy which the mere existence of could hurt their capitalist investors feelings.

    • geoffervescent@kbin.social
      link
      fedilink
      arrow-up
      1
      ·
      1 year ago

      If he was gonna bullshit someone it should have been investors and advertisers, not users. Look at pre-Elon twitter, Jack Dorsey knew how to IPO on straight hedgefund money.

  • hardypart@feddit.de
    link
    fedilink
    English
    arrow-up
    9
    ·
    1 year ago

    That scumbag energy, holy smokes. He’s executing reddit right in front of our very eyes. It’s just sad.

  • relicax@kbin.social
    link
    fedilink
    arrow-up
    9
    ·
    1 year ago

    He refers to reddit as a city and keeps mentioning democracy and communities. No city/community/democracy should be owned by one corporation and have it’s main goal be profitability.

  • MeowdyPardner@kbin.social
    link
    fedilink
    arrow-up
    7
    ·
    1 year ago

    one day I hope to count our users among our investors, but getting to breakeven is a priority for us

    Yeah well, I’m already an investor on the fediverse, by donating to my instance admins, and the instances I support already break even. It pays back handsome returns on my investment not by extracting value, but by providing a community that respects its users instead of monetizing them. That is the only investment I’m interested in.

    • OneDimensionPrinter@kbin.social
      link
      fedilink
      arrow-up
      5
      ·
      1 year ago

      I mean, it sure makes sense. If they’re getting the server costs and effort to maintain and moderate, happy to drop a few dollaridoos now and again. Less ads to block as well, which is always nice.

  • undated9198@kbin.social
    link
    fedilink
    arrow-up
    5
    ·
    1 year ago

    Wow, his answers and arguments are really bad. Doesn’t acknowledge that AI scrapers abused their system, not apps to access and interact with Reddit. Practically says they will imitate Apollo. Admits that they unreasonable timeline was a way to coerce deals.

  • amcjv12@lemmy.world
    link
    fedilink
    English
    arrow-up
    4
    ·
    1 year ago

    He thinks RIF and Apollo - both of which I have personally used - don’t add any value to Reddit? Lmao what a shithead

    Also love the gaslighting of “um actually sweaty nobody likes the blackouts and everyone just thinks they’re annoying 💅”

  • HumbertTetere@feddit.de
    link
    fedilink
    English
    arrow-up
    1
    ·
    1 year ago

    When reddit was showing how well reddit gold paid for server costs, it usually broke even.
    That was when there was far less ads too.

    The costs surely exploded by adding lots of staff and their own image/picture hosting, but I don’t see the benefit in there.

  • Rhabuko@feddit.de
    link
    fedilink
    English
    arrow-up
    1
    ·
    1 year ago

    “The blackouts are not representative of the greater Reddit community.”

    Of course not. The vast majority of Reddit are lurkers that don’t interact with anything and just mindlessly consume. Even bots add more value to a platform, than most lurkers. It’s the content creators and people that interact with them through comments, that create value.